During its first year of operations, Fisher Plumbing Supply Co. had sales of $650,000, wrote off $10,400 of accounts as uncollectible using the direct write-off method, and reported net income of $71,500. Determine what the net income would have been if the allowance method had been used, and the company estimated that 1 1/2% of sales would be uncollectible. Feedback Check My Work Add the bad debt expense determined by the direct allowance method rite-off method back to net income. Then, subtract the bad debt expense determined by the